1851

Gas stations are a popular franchising choice for many as they offer various services, some of which are necessary. Though work-from-home and hybrid schedules are becoming more popular, Americans are not completely off of the roads, and the gas station market continues to grow.In 2022, the gas station market in the U.S. was worth&nbsp;<a href="https://www.ibisworld.com/industry-statistics/market-size/gas-stations-united-states/#:~:text=What%20is%20the%20market%20size,to%20increase%2010.4%25%20in%202022.">over $138 billion</a> and grew by 10.4% in the year alone. The market grew by 4.2% between 2017 and 2022, an impressive number considering that time span included a huge decline and recovery from COVID-related ramifications.&nbsp;The profitability of a gas station relies somewhat on the need for and price of gas, but maybe not as much as you think. For many gas station owners,&nbsp;<a href="https://www.nbcnews.com/business/business-news/economics-gas-station-rcna19516?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-it-time-to-invest-in-a-gas-station-franchise-2720870" target="_blank" rel="nofollow">fuel purchases are not the source of substantial revenues</a>. Rather, the goods sold inside offer much higher profit margins.Each gas station will have slightly different offerings inside the store, but there are a few popular goods that many stores will offer, all of which are incredibly popular among Americans. &nbsp;<ul><li>The average American spends nearly $10 per week on snacks. This comes out to almost $500 per year or&nbsp;<a href="https://swnsdigital.com/us/2019/12/study-the-average-american-spends-nearly-30k-on-snacks-in-their-lifetime/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-it-time-to-invest-in-a-gas-station-franchise-2720870#:~:text=At%20%249.22%20a%20week%2C%20Americans,on%20snacks%20during%20their%20lifetime." target="_blank" rel="nofollow">$28,766.40 in a lifetime</a>.</li><li>It is estimated that&nbsp;<a href="https://wallethub.com/edu/the-financial-cost-of-smoking-by-state/9520?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-it-time-to-invest-in-a-gas-station-franchise-2720870#:~:text=However%2C%20the%20economic%20and%20societal,medical%20care%20and%20lost%20productivity." target="_blank" rel="nofollow">over 34 million Americans are smokers</a>. Depending on the severity of the habit, some smokers will spend nearly $200,000 on cigarettes in a lifetime.</li><li>Americans spend about&nbsp;<a href="https://smartasset.com/taxes/the-economics-of-the-lottery?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-it-time-to-invest-in-a-gas-station-franchise-2720870#:~:text=The%20%2470%20billion%20Americans%20spend,off%20credit%20card%20debt." target="_blank" rel="nofollow">$70 billion</a> on lottery tickets each year.</li></ul>Time spent on the road increases consumers’ likelihood of stopping by a gas station, whether they need to fill up, grab a snack or drink, or both. 2022 data now reports that the average American drives over&nbsp;<a href="https://www.thezebra.com/resources/driving/average-miles-driven-per-year/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-it-time-to-invest-in-a-gas-station-franchise-2720870#average-miles-driven-per-year-by-state" target="_blank" rel="nofollow">14,000 miles per year</a>, with some states surpassing 24,000 — on average — per person.What All Should I Consider?Given the state of the market and consumer spending, now seems to be a reasonable time to invest in a gas station concept. However, like any franchise purchase, this is not a decision that should be made lightly.When starting the investment process, one of the most important things to consider will be location. Sometimes, the franchisor will support its investors in choosing prime real estate, but if this sort of support is not available or robust within the franchise system you have selected, you should not dismiss the importance of this selection. Choosing the right spot will directly influence how much traffic passes you and, therefore, how much business you receive.Running a gas station also requires a set of inspections, licenses and education that other concepts may not. The gas station business can be a risky one because of the flammable nature of the fuel itself and the risk of burglary. This should not deter you from opening a gas station; rather, secure the licensure, insurance, training and other protections necessary to ensure the smoothest experience for guests and employees. There are environmental requirements associated with gas stations as well. If you are overtaking an existing establishment, you may need to reevaluate the building and facilities. If you’re building from scratch, check local regulations first. There can be state-specific laws, requirements for double-lined tanks and other details outlined in an “<a href="https://www.franchiselawsolutions.com/learn/franchise-compliance/6-factors-to-consider-when-buying-a-gas-station?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-it-time-to-invest-in-a-gas-station-franchise-2720870" target="_blank" rel="nofollow">environmental contingency clause</a>” commonly found in agreements.

Is It Time To Invest in a Gas Station Franchise?

1851 Franchise

A gas station investment can require a bit more attention than other forms, but the market is up, and the future is looking good for gas station franchises.

is-it-time-to-invest-in-a-gas-station-franchise

USA Ninja Challenge

Where Passion Meets Purpose: USA Ninja Challenge Gives Franchisees the Power to Change Lives

where-passion-meets-purpose-usa-ninja-challenge-gives-franchisees-the-power-to-change-lives

SweatHouz

From Finance to Wellness: Natalie Siewers’ Path to Leading SweatHouz in Northern Virginia

sweathouz-franchise-northern-virginia-natalie-siewers

Seniors Helping Seniors®

Seniors Helping Seniors® Honors Lynn Quintana as Caregiver of the Year 2025

seniors-helping-seniors-honors-lynn-quintana-as-caregiver-of-the-year-2025

Beansquad

Franchise Compliance Confidence: BeanSquad's Expertise in Navigating Regulatory Requirements

beansquad-franchise-compliance-bookkeeping

KidStrong Franchising, LLC

KidStrong Franchise - Franchisee Spotlight - Jessica and Bobby Montoya - 1851 Franchise

Former Orangetheory Regional Manager and Licensed Counselor, Grow KidStrong Franchise, Empowering Youth in Albuquerque, New Mexico

kidstrong-franchise-albuquerque-montoya

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

How a Steady Economy Could Help Franchisors Plan Their Next Move

how-a-steady-economy-could-help-franchisors-plan-their-next-move

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

U.S. Government Shutdown - Impact on Franchises - 1851 Franchise

Government Shutdown Stalls SBA Loans: How the Shutdown Could Impact Franchises

government-shutdown-impacts-sba-loans-tourism-franchises

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Friendly’s Parent Company Acquired by Multi-Unit Franchisee as More Owners Take the Lead in Brand Acquisitions 

friendlys-parent-company-acquired-by-multi-unit-franchisee-as-more-owners-take-the-lead-in-brand-acquisitions

Subway Franchisees Resist Expensive Remodel Directives

subway-franchisees-resist-expensive-remodel-directives

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

Top Early Childhood Education and Child Care Franchises for 2025 - 1851 Franchise

Top Early Childhood Education and Child Care Franchises for 2025

early-childhood-education-child-care-franchises

1851 Franchisee Spotlight graphic with photo of Barb Volk and KidStrong logo

Why This Orangetheory Fitness Franchise Owner Is Developing KidStrong Franchises

kidstrong-franchise-owner-barb-volk-2025

Top Education Franchises To Consider for 2025 - 1851 Franchise

Is It Time To Invest in a Gas Station Franchise?

MORE STORIES LIKE THIS